In the quarter under review, the group reported an improved year-on-year EBITDA margin of 13.9% and an increasingly strong Return on Capital Employed of 13.8% further underlining SKG’s progress on achieving optimal returns through ...
Tags: Smurfit Kappa, packaging
Packaging Corporation of America (PCA) announced today that it has reached an agreement to settle a civil, class action lawsuit filed against PCA and eight other North American manufacturers of containerboard. Under the terms of the ...
Tags: Kleen Products, PCA
In March, continental buyers of recycled containerboard made some unexpected headway in offsetting €10/tonne of the €20/tonne increase that took effect last Autumn. That increase was so small that there was virtually no attempt to ...
Packaging Corporation of America (PCA) has announced plans to convert the No. 3 newsprint machine (D3) situated at its DeRidder, Louisiana mill, US, to containerboard, producing lightweight linerboard and medium. The machine is expected ...
RockTenn has entered into an agreement with Simpson Lumber to acquire the latter's Tacoma Kraft paper mill in Tacoma, Washington, for around $343m. The transaction, which is subject to customary closing conditions and regulatory ...
Tags: Paper Mill, Packaging
Packaging Corporation of America reported today fourth quarter record net income of $227 million, or $2.33 per share. Earnings included special items of $1.70 per share of income from the reversal of tax reserves related to alternative ...
Tags: Packaging Corporation, Packaging
The gap between Kraft and Testliner prices had grown and hence a narrowing made sense. Foreign Kraft producers found the UK market increasingly attractive…which raised supply. There has been a further switch out of Kraft into the less ...
Following the deal, which makes PCA the fourth-largest producer of containerboard and corrugated packaging products in the US, the group will now operate eight mills and 97 corrugated product plants and other facilities. The combined ...
Tags: Packaging, freesheet paper
US-based packaging firm International Paper has signed a long-term deal with recycling services provider Balcones Resources to recover additional old corrugated containers (OCC) or used cardboard boxes. International Paper will use the ...
Tags: International Paper, Balcones
Packaging Corporation of America (PCA), a manufacturer of containerboard and corrugated packaging, has completed its previously announced acquisition of the US-based Boise for $1.9bn. The transaction includes $714m of outstanding ...
Greif, Inc., a global industrial packaging products and services company, today announced the company will work with Habitat for Humanity International to distribute 100,000 PackH2O collapsible water backpacks in eight developing countries ...
Tags: Transportable Drinking Water Packaging, Packaging, Printing
Paper-made packaging products manufacturer Smurfit Kappa UK will acquire CRP Print and Packaging Holdings. Based in Corby, Northamptonshire, CRP is engaged in POS display, litho packaging, pre-print, direct food contact packaging and ...
Tags: Paper-made packaging, Kappa
A new study indicates that Reusable Plastic Containers (RPCs) used to ship fruit and vegetables in Canada pose a risk for contamination. The report, developed by a University of Guelph researcher, calls the possibility for ...
Tags: Containers, Ship Produce
There is new recycled containerboard capacity scheduled to come on stream at the end of 2013. Blue Paper, a joint venture between VPK and Klingele Papierwerke (Germany), is in the final stages of converting a fine paper machine (from UPM ...
Tags: Recycled Price
US-based corrugated packaging company Pratt Industries has announced plans to construct a new $260m recycled paper mill in Valpariaso, Indiana. Construction of the new 100% recycled paper mill is expected to start in March 2014 with ...
Tags: Packaging, Printing, recycled paper